4 ms·
It's a huge tax. You cant hold that more than a few weeks and you need a huge upside.
by conanbatt 6y ago
It's a huge tax. You cant hold that more than a few weeks and you need a huge upside.
- dcolkitt 6y ago> you need a huge upside. Shorting a stock at $300, when it was trading at $16 last month is pretty much the definition of huge upside.
- conanbatt 6y agoTrue, but 80% a year means that you might have to inmobilize a multiple of the capital and by 6 months lose half the investment. Note that if you short at 300 and it flash jumps to 1000 you are toast.